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$15

527 Shepherd Drive, Garland, TX, 75042

On MarketInfo
LeaseInfo
CommercialInfo
Baths0 Bath
Baths9,600 Sq Ft
IndustrialIndustrial
Year BuiltBuilt in 1962

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Ceramic Tile, Concrete

Exterior

Lot Size29,185 sqft

Building Information

Year Built1962
Stories1

Land Information

APN26515500000030100
Lot Number3
SubdivisionShepherd Industrial Park
Land UseLight Industrial
Legal DescriptionSHEPHERD INDUSTRIAL PARK PT LT 3 ACS 0.67 INT202100358255 DD11302021 CO-DC 5155000000300 2CG51550000
Census Tract018506
Assessed Land Value$116,740
Assessed Improvement Value$1,035,930
Assessment Year2025

About this property

527 Shepherd Drive in Garland, Texas, this industrial-zoned commercial property offers over 12,000 square feet of fully climate-controlled warehouse space, ideal for a wide range of industrial, distribution, manufacturing, or flex uses. The building features a well-appointed office component, including a reception area, conference room, and a large break room, providing an efficient layout that supports both operational and administrative functions. The warehouse is fully climate controlled and equipped with three-phase heavy power, making it suitable for users with higher electrical demands. Zoned for industrial use, the property is well positioned for owner-users or tenants seeking a versatile facility with robust infrastructure in an established Garland industrial corridor.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,987/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,080
$1,152,670
2025
$116,740
$1,035,930
$1,152,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,080
$1,152,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Third Coast Bank Ssb
Open End Mortgage / Open End With Future Advance Clause
$693,750
No
First
Nov 30, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$864,818
$287,852
24%
75%
$5,668/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Garland

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527 Shepherd Drive | Property Details | No Agent List